News

ZealPay Wins Second Place at Visa Everywhere Initiative

After a rigorous competition among 270 FinTech startups covering the biggest and most critical sectors at Visa Everywhere Initiative that was held for the 1st time in Egypt.

Shahd Hany

Aug 7, 2022 — 2 min read

We have been proudly shortlisted to pitch our products among other four finalists, and won 2nd place for standing out as an innovative digital platform that empowers merchants to boost customer retention and build a solid data-driven business through leveraging our loyalty, data analytics, and other digitized solutions, with a cash prize from Visa of 350,000 EGP.

Omar Ebeid, Founder & CEO, during his pitch in the final VEI event in Cairo, Egypt

About ZealPay

ZealPay is an innovative Cairo-based startup backed by global strategic investors to empower brands with the next generation of payments, loyalty, and AI-powered insights. We provide our merchants with world-class data, analytics & tools to predict consumer behavior using Artificial Intelligence. Merchants can unlock the full potential of the customers in the most convenient user experience.

Visa Regional team with the ZealPay team during the VEI finalists event in Cairo, Egypt

More about Visa Everywhere Initiative

The Visa Everywhere Initiative (VEI) is an open innovation program that helps startups unlock new opportunities and gives them a global platform to demonstrate their ground-breaking solutions. The program first launched in the U.S. in 2015 and quickly expanded into a global program.
To date, nearly 8,500 startups have participated, and have collectively raised more than $16 billion in funding.
The program was held for the 1st time in Egypt, powered by FinTech Egypt, an initiative by CBE.

The Visa Everywhere Initiative is a worldwide, open innovation initiative that assigns startups and fintechs the responsibility of resolving future payment and commerce difficulties, improving their product offerings, and offering forward-thinking solutions for Visa's extensive network of partners.

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